Elevance Health revenue and financials
$400.09Change from previous close: +1.41%Absolute change: +$5.58
In the fiscal year ended December 2025, Elevance Health reported revenue of $199.13B (+12.49% year over year). Net income was $5.66B, a net margin of 2.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +12.49%
- 2025 vs 2024
- Net income growth
- −5.32%
- 2025 vs 2024
- Net margin
- 2.8%
- 2024: 3.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 126,438 | 125,827 | 121,494 | 122,749 | 121,938 | 119,717 | 116,889 | 116,533 | 112,988 | 111,894 | 108,928 | 110,478 |
| Cash and equivalents | 10,232 | 9,657 | 9,491 | 8,713 | 8,560 | 7,500 | 8,288 | 7,866 | 6,497 | 6,226 | 6,526 | 10,919 |
| Short-term investments | 25,719 | 25,905 | 25,884 | 26,283 | 25,298 | — | — | — | — | — | — | — |
| Receivables | 23,392 | 22,790 | 21,542 | 22,349 | 23,125 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 4,645 | 4,657 | 5,131 | 4,657 | 4,641 | 4,617 | 5,219 | 4,505 | 4,450 | 4,451 | 4,943 | 4,821 |
| Goodwill | 28,339 | 28,340 | 28,344 | 28,451 | 28,368 | 28,420 | 28,277 | 25,967 | 25,962 | 25,947 | 25,317 | 25,291 |
| Other intangible assets | 10,983 | 11,093 | 11,200 | 11,327 | 11,490 | — | — | — | — | — | — | — |
| Long-term investments | 28,541 | 28,530 | 27,745 | 28,614 | 27,319 | — | — | — | — | — | — | — |
| Accounts payable | 25,095 | 24,634 | 24,406 | 23,233 | 24,433 | — | — | — | — | — | — | — |
| Long-term debt | 30,669 | 30,768 | 30,841 | 31,173 | 28,178 | 28,110 | 29,368 | 24,688 | 24,561 | 21,976 | 23,246 | 24,045 |
| Total debt | 31,044 | 31,842 | 32,046 | 32,102 | 30,186 | — | — | — | — | — | — | — |
| Total liabilities | 81,416 | 81,785 | 77,468 | 78,667 | 78,087 | — | — | — | — | — | — | — |
| Total equity (incl. minority) | 45,022 | 44,042 | 44,026 | 44,082 | 43,851 | 42,620 | 41,426 | 43,879 | 42,297 | 40,710 | 39,405 | 38,539 |
| Retained earnings | 36,675 | 35,796 | 35,393 | 35,586 | 35,549 | 34,546 | 33,549 | 35,157 | 34,575 | 33,088 | 31,749 | 32,103 |
| Minority interest | 139 | 140 | 144 | 129 | 129 | 117 | 111 | 104 | 106 | 102 | 99.0 | 116 |